ALLIANCE CAPITAL SELECTS XPEDITE TO DELIVER MUTUAL FUND ACCOUNT INFORMATION WORLDWIDE
Xpedite's Transactional Message Services to Distribute Customer-Specific Data for Alliance

EATONTOWN, N.J. (September 5, 2001) - Xpedite, a global leader in multimedia messaging and a business unit of Ptek Holdings, Inc. (NASDAQ: PTEK; www.ptek.com), today announced that Alliance Capital, a mutual fund management firm overseeing more than $400 billion in assets, is using its transactional messaging service for international delivery of daily mutual fund Net Asset Values (NAV), for more than 150 individual funds and portfolios. Xpedite's transactional messaging service enables Alliance Capital to deliver variable customer-specific data to electronic addresses including e-mail and fax worldwide. Xpedite developed a customized File Transfer Protocol (FTP) application that allows for the exchange of large amounts of data between the two companies.

"Xpedite enables us to deliver timely information to our clients at both e-mail and fax addresses, ensuring our investors are getting the information they need in the format they prefer," said Danielle Pagano, Vice President in the non-US Mutual Fund Department for Alliance Capital. "Outsourcing the fund information management delivery process to Xpedite provides our sales force with more time to engage in marketing activities."

"We're proud to work with companies like Alliance Capital to help them better manage their customer communications," said Max Slifer, President of Xpedite. "We've seen increasing demand for our transactional messaging services in the financial industry for applications such as stock trade confirmations and account statements. We've been successful in providing these types of transactional services for fax applications and we anticipate an even greater market opportunity as we introduce these value-added e-mail services to our customers."

About Alliance Capital
Alliance Capital Management L.P. (www.alliancecapital.com; NYSE: AC) is a leading global investment management firm founded in 1962 as the investment management subsidiary of the research boutique Donaldson, Lufkin & Jenrette. In 1985 Alliance Capital was acquired by The Equitable (now called AXA Financial). In 1988, Alliance Capital went public as a master limited partnership and today is a private partnership that is an affiliate of AXA Financial.

For a detailed discussion of these and other cautionary statements and factors that could cause actual results to differ from the Company's forward-looking statements, please refer to the Company's filings with the Securities and Exchange Commission, especially in the "Factors Affecting Future Performance" included in the Management's Discussion and Analysis section of the Company's Form 10-K for the fiscal year ended December 31, 2000 and in subsequent filings filed with the Securities and Exchange Commission.